Primis Bank · Virginia · 2025

Primis Bank in Virginia: approval rate, denial rate and rates (2025)

Primis Bank took 265 mortgage applications in Virginia in 2025, ranking #178 of 1,013 lenders active in the state. It originated 67.9% of them and denied 23.8% (24.7% of the applications it decided), against a statewide denial rate of 15.9%.

265Applicationsin VA
24.7%Decision denial ratestate 20.3%
Median ratestate 6.63%
$95,000Median loanstate $255,000
$25MVolume40 counties

Primis Bank in Virginia vs the state

23.8%Denial rate+7.83 pts vs state
24.7%Decision denial rate+4.46 pts vs state
67.9%Origination rate+8.40 pts vs state
Median rate
Rate spread (pts)
$92kMedian applicant income
180Loans originated
63Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323017021.7%#171
202423116522.5%#189
202526518023.8%#178

What Primis Bank lends in Virginia

By loan purpose

Home purchase 23 9% · 26.1% denied
Refinance 94 35% · 10.6% denied
Home improvement 92 35% · 33.7% denied
Other / HELOC 56 21% · 28.6% denied

By loan type

Conventional 265 100% · 23.8% denied

Where in Virginia

Counties with the most Primis Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Northumberland County 523910 19.2%
Middlesex County 30227 23.3%
Hanover County 16151 6.3%
Gloucester County 1493 21.4%
Essex County 1383 23.1%
Chesterfield County 1161 9.1%
Southampton County 1183 27.3%
Lancaster County 1061 10.0%
Henrico County 1073 30.0%
King William County 852 25.0%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 265 applications in 2025, of which 180 were originated and 63 denied.

23.8% of all applications, or 24.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Primis Bank's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology